The Long Investor
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$NU
🕑 Added 2025-04-07 16:48:23 +0000 UTCI really like the movement here of both the impulse wave and the corrective wave and this has already been brought to your attention a few weeks ago when I confirmed this was in an ABC correction
Price has already lost the 0.5 Fib so if there is a rejection trying to get back above this level at $9.72 then we would expect a drop down to the standard 0.618 Fib at $8.21 and will be watching for a hold here.
Fundamentals are very strong here too
FWD PE of 12 and Net Margin of 19, with an EPS growth of +37% for the next 5 years
Very impressive
Comments
Jason Hooper
Hi Capt - when is the time period to show support - is there a period when if the price remains above the line it’s acknowledged?
TNP Media
Also 0% tariffs with Argentina
MCAL
I like this one. Cap, would you personally buy?
Jags
Got it, always buy support onwards? thanks
Gareth Neary
Would need to wait for support to come
MJ
i really like nu. would like to see more of it ✌️
Jags
Cap, general question, if market goes down, and price goes below 8.21 (feb .618 level) then is it not even better entry?
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